Bitcoin think tank questions MSCI’s ‘invisible committee’ over Strategy, Metaplanet rule

A Bitcoin-focused think tank is challenging MSCI’s proposal to exclude companies whose primary business is holding Bitcoin from its equity indexes, arguing that the rule is vague and appears to target firms such as Strategy and Metaplanet. The group questioned the transparency and authority of MSCI’s “invisible committee” and urged clearer, evidence-based criteria. If adopted, the policy could reduce index inclusion and institutional exposure to publicly traded Bitcoin treasury companies, potentially increasing their financing costs and weakening a key channel for corporate Bitcoin accumulation.